550 Happy Hollow Rd, Madisonville, TN 37354
(MLS # 1322550)
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550 Happy Hollow Road "¢ Madisonville, TN High-ROI Investor Opportunity "¢ 5 UNRESTRICTED Acres Attention investors"”here's the value-add property you've been searching for. This 2007 double-wide manufactured home sits on 5 fully unrestricted acres in Madisonville, offering multiple exit strategies, strong upside potential, and the ability to subdivide the land for additional home sites if desired. The home features 3 bedrooms, 2 baths, a bonus room, and a wood-burning fireplace with an island kitchen. While the property will need cosmetic and repair updates, it is ideal for a flip, BRRRR, long-term rental, or short-term rental conversion. The layout is functional, the footprint is solid, and the land provides exceptional flexibility for further development. Key Highlights for Investors: Unrestricted 5 acres - suitable for subdividing into multiple home sites or adding tiny homes, manufactured homes, RV pads, or additional rental units Cash or conventional financing only - priced for a quick, clean close Strong rental demand for homes on acreage in Monroe County Well & septic - reduced monthly utility overhead Competitive list price: $150,000 with ample room for value-add improvements Multiple exit strategies including renovation, rental portfolio addition, or land development This property delivers the rare combination of unrestricted land, subdivision potential, and immediate value-add opportunity. Investors looking for a profitable project or multi-use land development option will appreciate the flexibility and upside here.
| LAST UPDATED | 11/20/2025 | YEAR BUILT | 2007 |
|---|---|---|---|
| COMMUNITY | Monroe County - 33 | COUNTY | Monroe County - 33 |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | Monroe County - 33 |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Central, Electric |
| INTERIOR | Kitchen Island |
| LOT | 5 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Private, Rolling Slope |
| PARKING | Assigned |
| SEWER | Septic Tank |
| TAXES | 564.96 |
| WATER | Well |
MORTGAGE CALCULATOR
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